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Planned Giving Information

The Office of Planned Giving is here to help assist you in your estate planning. To help facilitate your intentions, we provide the following materials to you and to your advisor:

  • Sample gift calculations
  • Suggested bequest language
  • Language for endowed funds
  • Beneficiary designations
  • Sample letter for your IRA rollover distribution

LEGAL NAME
Niagara’s official name and address:
Niagara University
5795 Lewiston Road
Niagara University, New York 14109

TAX ID NUMBER
Niagara’s federal tax ID number is 16-0755807.

BEQUEST LANGUAGE
Unrestricted bequest for the Niagara Fund (general purposes):
“I hereby give, devise, and bequeath to Niagara University (or alternatively to Niagara University for the College of…), located at 5795 Lewiston Road, Niagara University, NY 14109, for its general purposes (…dollars) (…percent) (all the rest, residue, and remainder of my estate).”

Bequest for endowment:
“I hereby give, devise, and bequeath to Niagara University, located at 5795 Lewiston Road, Niagara University, NY 14109, (money or property to be bequeathed) to establish an endowment fund to be known as the (…Fund), the income from which shall be for the unrestricted use of Niagara University (or alternatively to Niagara University for the College of…).”

Bequest for endowed scholarship:
“I hereby give, devise, and bequeath to Niagara University, located at 5795 Lewiston Road, Niagara University, NY 14109, (money or property to be bequeathed) to establish the (…Scholarship), the income from which shall be used for financial aid to students enrolled in Niagara University. The income of this fund may be used each year, or if not, may be used in a subsequent year or added to the principal of the fund. Awards from this fund shall be designated as the (….Scholarship).”

If a specific use is stated, the addition of the following language will make certain that the bequest always remains productive:
“If, in the judgment of the Niagara University Board of Trustees, changed circumstances should at some future time render the designated use of this fund no longer appropriate, then the Trustees shall direct use of the fund to further the objectives and purposes of Niagara University, giving consideration to my special interest as evidenced by the purpose described above.”
LET US THANK YOU

If you have included Niagara in your estate plans, please let us know. We would like to thank you for your generosity, make sure the purpose of your gift is understood by Niagara, and recognize you as a member of The Heritage Society.

Bequest Language
NU Statement of Intent Form
Heritage Society Overview

If NU is already in your will or estate plan, please let us know. We would like to be able to express our gratitude.


I can be reached:

Gifts That Pay You Income
Charitable Gift Annuity (Immediate/Deferred options/Pentera content)
Charitable Remainder Unitrust (Pentera content)
Charitable Annuity Trust (Pentera content)

Contact Information for the Office of Planned Giving
Office of Planned Giving
Marilyn Koren, mkoren@niagara.edu
Phone: 716.286.8791

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